Russian Export Center JSC (REC) is a State-owned development institute established by the Government to support the development of the non-commodity exports industry/sector.
International markets are highly volatile, and specific development of non-resource exports would reduce impact of this volatility on the development of the Russian economy.
In accordance with resolutions adopted at the meeting of the Presidential Council on Strategic Development and Priority Projects chaired by D.A. Medvedev...
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Exim Mitra
Exim Bank of India, has launched a special portal «Exim Mitra» (www.eximmitra.in) to assist Indian exporters from the MSME sector and to provide international buyers insights about Indian industry and service capabilities. Exim Mitra seeks to facilitate their connection with Indian suppliers and service providers by way of a special section on the portal to disseminate information on the products and services that may be sourced from India.
An insurance product designed to protect Russian or foreign banks from the non-repayment risk of the credit granted to a foreign borrower (the buyer or the buyer's bank) for payment under a contract for goods (services or works) exported from Russia.
The credit to a buyer is applied in those cases where a foreign buyer has no opportunity to make payments at the expense of own funds or available credit resources as well as in case if the conditions for granting credit resources in the home country are less attractive to the borrower.